Corn Germs Supplements: Market outlook
The lucrative rise in the cost of traditional feed prices such as protein meals, cereal grains, and other feed commodities are forcing the feed manufacturers to search for an economical cereal crop with high nutritional and organoleptic properties. In the global animal feed market, the demand for corn germ is rising owing to their high-density nutritional content, particularly lipids, proteins, and fibers. Nutritional composition of corn germ with pericarp reveals that corn germ has high potential to be used as raw material for feed. Corn germ is gaining keen attention from the food and feed manufacturers for its application as a substitute for other cereals in their end products. On the other hand, increasing humanization among the customers is propelling livestock owners to go for high nutritional feed with good digestibility. In the global corn germ market, Europe and North America hold the major share in production and consumption of corn germ owing to the presence of major food and feed processing companies in the region. In addition, unique marketing strategies by the manufactures in this region is also contributing to the growth of the market. With the increasing demand for corn germs in the market, it can be anticipated that the demand for corn germ will increase over the forecasted years.
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Rising Demand for Corn Germs in Animal Feed Industry
With various initiatives and programs arranged by different organizations, regarding spreading awareness about animals and pet health among customers, are resulting in the customers making a careful choice when it comes to buying pet food or animal feed. Most of the consumers are preferring to buy organic and healthy animal feed over the feed with chemical ingredients. Animal feed with nutritious and organic additives such as corn germ prove to be healthy for animals, as it can enhance the digestibility and improve the efficiency of energy utilization of the feedstuff. Addition of corn germ in the animal feed does not only boost digestibility of the animals, but also improves the quality of animal feed and, in turn, the productivity of livestock. Due to the fact that more and more customers are familiar with the advantages of animal feed with corn germs, demands for corn germs as an ingredient in the animal feed are increasing across the globe. In addition, corn germ is gaining demand in corn oil extraction which can be used in the food and bakeries. The steady growth of global food and beverage industry is also fueling the demand for corn germ oil as corn germ is gaining the application in various food products.
Corn Germs Supplements: Market Segmentation
On the basis of nature, global corn germ market can be segmented as
On the basis of application, corn germ market can be segmented as
- Corn Oil Extraction
- Feed Industry
On the basis of end use, global corn germ market can be segmented as
- Oil Extraction Industry
- Food Industry
- Feed Industry
- Cattle Feed Industry
- Poultry feed Industry
- Swine feed Industry
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Corn Germs Supplements: Key Players
In the global corn germ market, few key players in the market are Grain Processing Corporation, Tate & Lyle, S.N.E. Serres North Export Ltd., Roquette Frères, Grainspan Nutrients Pvt. Ltd., Kalizea vivescia Group, Nordgetreide, Gulshan Polyols Ltd., Paramesu Biotech Private Limited and others. Many other players are also showing their keen interest to bring corn germ in their production line.
Opportunities for Market Participants:
Several animal feed producers are focusing to improve feed nutritive contents and develop digestion activities in livestock. In addition, consumption of processed dairy products derived from livestock that are feeding on antibiotics has created major concern amongst consumer which create enough space for the corn germ market to grow over the forecast years. In addition, rising consciousness among livestock owners is also increasing the demand for nutritive feed products. In addition, corn germ is an economical alternative to other cereal grains which are generally used to add high nutrition to animal feed. Apart from all the above-mentioned factors, increasing awareness among the feed manufacturers for corn germs will increase the demand for corn germ in the coming future.
The corn germs market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the Corn germs market, including but not limited to: regional markets, nature, application and end use.
The study is a source of reliable data on:
- Corn germs market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The corn germs market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the corn germs market report projects the attractiveness of each major segment over the forecast period.
Highlights of the Corn germs market report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the corn germs market
- Recommendations to companies for strengthening their foothold in the corn germs market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.